What is the best energy company to invest in?
That’s a tough question. After all, there are literally hundreds of public energy companies you can invest in today. And what kind of energy are we talking about? Transportation fuels? If so, that could be anything from oil and gas to biofuels and batteries.
Are we talking about utility-scale power generation? If so, that could include everything from coal, natural gas and nuclear to solar, wind, and geothermal.
Then, of course, there’s utility-scale energy storage. This could include everything from backup battery systems to pumped hydro.
Hell, the best energy companies to invest in may not even be energy companies, but rather mining companies that provide things like copper, nickel, manganese and cobalt. Truth is, I would actually argue that these represent the best energy companies to invest in as most electricity generation and transportation fuels can’t be utilized without these materials.
Although, without a doubt, when it comes to energy, there is no mined and recycled metal more integral to the steady flow of energy than copper.
The Best Energy Company to Invest In Isn’t Even an Energy Company
We already know that copper demand has increased quite a bit as a result of increasing demand for electric vehicles. Not just cars, either, but also buses, semi-trucks, and heavy-duty vehicles such as backhoes, excavators, and bulldozers. Yes, these are also now being electrified.
But what’s further pressuring demand are energy-intensive data centers relied upon for AI and cryptocurrency applications. According to the IEA, data centers’ total electricity consumption could reach more than 1,000 terawatt-hours in 2026. To put that into perspective, that’s roughly the equivalent of total energy consumption in Japan.
If the IEA’s predictions are accurate, the increased demand for copper should continue well into 2030. So if you ask me what the best energy company to invest in is, I’m going to tell you it could actually be a copper company.
However, I can’t pick just one, as my three favorite copper stocks are all in line for continued growth for at least the next five to six years. These are…
- Freeport-McMoRan Inc. (NYSE: FCX)
- Lundin Mining (OTCBB: LUNMF)
- Southern Copper Corporation (NYSE: SCCO)
Of course, if you want something more in the “pure energy” arena, I’m also a fan of…
- Civitas Resources (NYSE: CIVI) — Oil and gas
- BYD Company (OTCBB: BYDDY) — Electric vehicles, renewable energy, energy storage, electronics
- Enphase Energy (NASDAQ: ENPH) — Solar
- Generac Holdings (NYSE: GNRC) — Generators
- GE Vernova (NYSE: GEV) — Energy equipment and manufacturing
- Hannon Armstrong (NYSE: HASI) — Renewable energy and energy efficiency application
You might also want to check out this company that’s making a new kind of nuclear fuel for small nuclear reactors.
This firm’s fuel has concentration levels 4 times higher than traditional nuclear fuel. Of course, this is a kind of nuclear fuel of the future, and it’s quite difficult to produce. It requires classified high-precision technology and extraordinary engineering skills.
There are only a handful of companies in the world that have mastered the art of nuclear fuel production. But this company in particular leads them all. Which is why a single pound of its fuel sells for $11,600.
With small nuclear reactors representing the next evolution of nuclear power, it’s easy to see why guys like Elon Musk, Jeff Bezos, and Peter Thiel have already ponied up for some of this action. And we’re getting some of this action for ourselves, too.
In fact, my good friend and colleague Alex Koyfman just published a new research paper on this new kind of nuclear fuel, and more importantly, the company behind it. The company that I believe could realistically be the best energy company to invest in. To a new way of life and a new generation of wealth… Jeff Siegel
@JeffSiegel on Twitter
Check us out on YouTube!Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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